Abstract:
With the global economy continue to recovery and China’s industrial restructuring continuing to deepen, copper’s supply and demand situation improves significantly in 2017.As copper production continues to grow, mine, smelting and processing enterprises have significantly improved the profitability.Meanwhile, copper prices continue to rise.China’s copper production in abroad has also been close to the domestic copper production in 2017, and China’s raw copper material supply structure is diversified.On the one hand, the new energy, the new technology stimulates the growth of consumption of copper; on the other hand, a series of environmental protection measures were issued in China, which will squeeze the development space of the copper industry and promote the cost increase.In the future, the global economic recovery will continue to strengthen, which will lead to the development of China’s copper industry; affected by the current environmental pressure.The development pattern of the copper industry will be further optimized; the future demand for low and medium copper in the copper market will grow slowly and the demand for high-end products will maintain its rapid growth.The authors predict that the environmental protection will be further strengthened in 2018, and the green development is the only way for the copper industry.